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UK Construction Surges Ahead in March

Positive signs, as March saw UK construction output increase at its highest peak since all the way back in September 2014.

UK Construction Surges Ahead in March

Positive signs, as March saw UK construction output increase at its highest peak since all the way back in September 2014.

Having been adjusted for seasonal influences, the IHS Markit/CIPS UK Construction Total Activity Index registered 61.7 in March, up from 53.3 as registered in February.

Housebuilding was the strongest area of the month, with growth being the fastest since last Summer. Other area’s which have also experienced high increases were commercial construction and civil engineering.

Encouragingly, there were also reports of a boost from major infrastructure projects signalled, as well as higher workloads due to increased spending on construction work and new home sales.

The survey showed that there was a strong degree of confidence for the year ahead within the construction industry. Growth projections have been the most upbeat since June 2015, reflecting much more confidence in the UK economic outlook.

The figures aforementioned are reflective of performance by local construction specialists, the Mick George Group who are reporting significant demand and a positive pipeline of future orders right across the business, for its varied provisions, in commercial trade and retail sectors.

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